Multi-product newsboy problem (MPNP) with budget constraint is a classical inventory control/management problem. However, solution methods for MPNP under general demand distributions are limited in the current literature. In this paper, by analyzing properties of the optimal solution to the MPNP...

In this paper, a unified algorithm is proposed for solving a class of convex separable nonlinear knapsack problems, which are characterized by positive marginal cost (PMC) and increasing marginal loss-cost ratio (IMLCR). By taking advantage of these two characteristics, the proposed algorithm is...

Conventional wisdom suggests that information sharing benefits at least one of the participants. However, we find that information sharing can be strategically detrimental to both members in a vertical-Nash supply chain. Comparative statics show that each supply chain member׳s beneficial areas...

Traditional methods of applying classification models into the area of credit scoring may ignore the effect from censoring. Survival analysis has been introduced with its ability to deal with censored data. The mixture cure model, one important branch of survival models, is also applied in the...

Product design decision has significant impacts on firm's competitive edge. In a distribution channel, product design strategy of a manufacturer depends not only on its own decisions, but also on the behaviors of its upstream and downstream partners along the channel. This paper investigates the...